406 Union Street

406 Union Street

False Creek Flats (Strathcona), Vancouver East

$2,595,000

14 Bed
7 Bath
4,575 sqft

Business For Sale in , False Creek Flats (Strathcona), Vancouver East

HIP-O Building Cool Strathcona 3 Storey 15 Unit Historic lncome Bldg near Chinatown, mins D/T, 1 Blk to new St Paul Hospital. 4500 SF Bldg + 1500 SF unfin Bsmt, reno'd 2016 Main Flr 3 S/C Suites; 2nd & 3rd Flrs Each w 6 furnished single rooms w sink vanity, bed. Each Flr modern kitchen, 2 Baths 1500 SF Bsmt w laund, bike storage, lockers for rent. 2 of 12 single rooms COV SRA rental restricted, rest are unrestricted market rentals. 1910 Char Bldg, upgraded, sprinklered, redone plumbing, elec, flrs, kitchs, roof, baths. Inc $17,916/mo, $214,992/yr; NOI $130,157/yr, Cap Rate 5%. Prof managed maintained w good Tenants. Great hands off investment, or for non-profit housing Seller consider VTB 2nd mortgage. Show w 2 Day Notice. Cal LS for info pkg, viewing.

Listed by RE/MAX Real Estate Services.

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Features

  • MLS®:

    R3082701

  • Type:

    Business

  • Bedrooms:

    14

  • Bathrooms:

    7

  • Square Feet:

    4,575 sqft

  • Lot Size:

    1,525 sqft

  • Frontage:

    50.00 ft

  • Full Baths:

    7

  • Half Baths:

    0

  • Taxes:

    $8399.01

  • Basement:

    Full, Partially Finished

  • Storeys:

    3 storeys

  • Year Built:

    1910

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False Creek Flats (Strathcona), Vancouver East

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